MediaFire takes the fight to OneDrive, offers 1TB of cloud storage for $5 a month

Competition is a good thing - it allows for companies to fight with each other and offering price drops in an attempt to woo consumers. Ultimately, we all win. MediaFire, an online storage and collaboration company, is taking the fight to Microsoft's OneDrive and Google's Drive cloud storage services with a new offer, hoping you jump ship.

"Today, MediaFire is looking to provide a better, safer, and more affordable alternative to these companies, with the launch of our new consumer cloud storage plan, which gives users one terabyte of cloud storage for only five dollars a month. As an added bonus, for a limited time, MediaFire is offering half off all storage plans, enabling new users to sign up for just two dollars and fifty cents per month!" a company spokesperson told WinBeta today.

MediaFire is looking to capitalize with a new deal on cloud storage after privacy concerns have come to an all time high and consumer trust has become a bit shaky. MediaFire has overhauled their consumer cloud storage plans, giving users 1TB of cloud storage for only five dollars a month. "Now users can safely store and share all of their photos, videos, and files in the cloud, without having to worry about file size limits," MediaFire stated. The company is also working on native apps for iOS and Android, but no word was given about a Windows Phone app. MediaFire's desktop app for Windows was also taken out of Beta earlier today.

"Available for Windows, OSX, iPhone, Android and Web, MediaFire is the only online storage solution to offer unlimited downloads, download resuming, zero wait times and more, all for free. Every month, more than 30 million people use MediaFire to quickly and securely store, organize and share all their personal and work data," the company description reads.

MediaFire is offering 10GB of cloud storage for free, and an option to purchase 1TB of storage for $5 a month. Microsoft's OneDrive, on the other hand, allows you to snag 7GB of storage for free, with the option to add 50GB for $25 annually. You can add 100GB and 200GB of storage for $50 and $100 annually, respectively. OneDrive for Business runs for $2.50 a month for 25GB, with $0.20 per additional GB of storage.